Definition

convexity

noun
  1. the quality or state of being convex; the outward curvature of a surface or object
  2. a convex surface or part; something that curves outward
  3. in mathematics and finance, a measure of the curvature of a function or bond price curve
  4. Usage: technical

Examples

  • The convexity of the lens helps focus light onto the retina.
  • The dome's convexity makes it structurally strong.
  • A sphere exhibits perfect convexity in all directions.
  • Bond convexity is an important factor in interest rate risk management.
  • The convexity of the mirror creates a wider field of view.
  • Mathematicians study the convexity of functions to understand their behavior.

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